4 days ago
News
The Trumbull County auditor will update its tax records to reflect this change.
LORDSTOWN, Ohio - A 10-year tax abatement has ended for Matalco Inc., a manufacturing company that recycles scrap metal and produces aluminum billets and slabs.
Lordstown Mayor Jackie Woodward said that for the past decade, the company paid only 25% of its property taxes due to a previously approved 75% exemption.
With the abatement now concluded, Matalco must pay 100% of the property taxes for its facility located at 5120 Tod Avenue in Lordstown.
The Trumbull County auditor will adjust the tax records accordingly to reflect this change.
